Stock Analysis

Have Insiders Sold Payoneer Global Shares Recently? \

NasdaqGM:PAYO
Source: Shutterstock

Investors may wish to note that the Senior Advisor & Director of Payoneer Global Inc., Scott Galit, recently netted US$73k from selling stock, receiving an average price of US$5.70. However we note that the sale only shrunk their holding by 0.4%.

View our latest analysis for Payoneer Global

Payoneer Global Insider Transactions Over The Last Year

In fact, the recent sale by Senior Advisor & Director Scott Galit was not their only sale of Payoneer Global shares this year. Earlier in the year, they fetched US$6.51 per share in a -US$668k sale. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$4.47). So it may not tell us anything about how insiders feel about the current share price.

Insiders in Payoneer Global didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqGM:PAYO Insider Trading Volume May 18th 2023

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Payoneer Global insiders own about US$56m worth of shares. That equates to 3.5% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Payoneer Global Tell Us?

Insiders haven't bought Payoneer Global stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Payoneer Global has 2 warning signs and it would be unwise to ignore them.

Of course Payoneer Global may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

Valuation is complex, but we're helping make it simple.

Find out whether Payoneer Global is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.